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BULLION

GOLD

Intraday price recovery may be seen only by tangible trades above 51260 region. Which if remain undisturbed could expect prices to turn lower in the session ahead.

SILVER

Current feebleness of prices may probably to extend lower in the session ahead. Determined trades above 64100 may push prices higher in the session ahead.

ENERGY

CRUDEOIL

Current feebleness of prices may extend lower in the session ahead towards 7660 or even lower to 7520 region. On the flipside, revisiting trades above 7900 may lift prices higher.

NATURAL GAS

By breaking the downside hurdle of 554 could extend weakness in the upcoming session towards lower. But there is equal plausible chance of a price rebound towards 575 if prices hold 554

BASE METALS

COPPER

Consecutive days of weakness likely to progress in the upcoming session towards the downside objective of 764 or even lower to 759. Recovery trades above 773 would be a turn around level for prices to find momentum.

NICKEL

Prices look consolidating on thin trades. However, a direct fall below 2350 may gradually push prices lower. Else could expect prices to consolidate with positive bias.

ZINC

As long as prices remain below 339 could expect further weakness on the counter. But retreating trades above the same may induce fresh recovery buying in the session ahead.

LEAD

Major weakness may be seen only below 182.40 region. Which if remain undisturbed could expect prices to trade higher to 185 region.

ALUMINIUM

Witnessing weakness may continue in the upcoming session towards the downside objective of 239 or even lower. But recovery trades above 248 would be a sign of intraday price recovery.

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